Wednesday, April 27, 2011

Monday, April 18, 2011

5/20 daily is still negative...


the 20 ma daily is resistance and the 5 ma is support...Choose your strategie...and trade what you see.

Friday, April 15, 2011

5/20 daily negative cross...

We see a negative cross between the 5 ma and the 20 ma daily. Looking for shorts therefore. But the rising 100 ma daily ( 5 ma monthly ) is support.

Wednesday, April 13, 2011

100 ma daily is also support...



If the 20 ma daily is to weak, we see the 100 ma daily as support. Looking for longs if the market gets there.

Tuesday, April 12, 2011

20 ma daily could be support today...


The 60' is still bearish but the bulls could take control because of the 20 ma daily.

Friday, April 8, 2011

The 50 ma daily did it again...


Looking for longs again. The smaller frames are still moving between the 5 ma and the 20 ma daily.

Thursday, April 7, 2011

Tuesday, April 5, 2011

pressure on the 5 ma daily...but still bullish


I buy the pullback because 5/20 daily is positive.

Waiting for a positive cross 5/20 60' is an option.

Monday, April 4, 2011

Friday, April 1, 2011

The same situation as yesterday...


The rising moving averages are support. Looking for longs again. The high of yesterday is vulnerable.